Asked by Mackenzie Kiernan on Jun 21, 2024
Verified
According to the Ethics Competency,Johnson & Johnson's Stakeholder Ethics and Principles: Who is Johnson & Johnson responsible to?
A) Employees
B) Shareholders
C) Customers
D) All of these
Stakeholder Ethics
The principles and standards that guide the behavior of individuals and organizations in considering the interests of all stakeholders.
Johnson & Johnson
A multinational corporation that produces medical devices, pharmaceuticals, and consumer packaged goods.
Shareholders
Individuals or entities that own shares in a corporation, giving them partial ownership and potential influence over its operations.
- Grasp the dynamics of stakeholder pressures and their consequences on the decision-making framework of organizations.
Verified Answer
PP
Preya PatelJun 27, 2024
Final Answer :
D
Explanation :
Johnson & Johnson's Stakeholder Ethics and Principles state that the company is responsible to its employees, shareholders, customers, and the communities where it operates. Therefore, Johnson & Johnson is responsible to all of these stakeholders.
Learning Objectives
- Grasp the dynamics of stakeholder pressures and their consequences on the decision-making framework of organizations.